The Relationship between Inflation and Inflation Uncertainty in the UK: 1885-1998

By Stilianos Fountas. 2001

134 citations recorded by the source corpus.

Using a long series of UK inflation data, I have provided strong evidence in favour of the hypothesis that inflationary periods are associated with high inflation uncertainty. This result supports the Friedman-Ball hypothesis and has important implications for the inflation-output relationship provided that more inflation uncertainty leads to lower output.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/c3ff73bdac18130751a8cfd0cb6390b4abb7b9dc

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In Economics and Econometrics

1. Menelaos Karanasos
2. Stilianos Fountas
3. Jinki Kim
4. Christian Conrad
5. James E. Payne

Citations in the corpus

• Inflation, output growth, and nominal and real uncertainty: Empirical evidence for the G7 (2007, result): “Similar evidence is obtained in more recent studies that use GARCH measures of inflation uncertainty, as in Grier and Perry (1998), Fountas (2001), Fountas et al. (2004a), Karanasos et al. (2004) and Conrad and Karanasos (2005b).”
• Inflation Uncertainty, Output Growth Uncertainty and Macroeconomic Performance (2006, result): “Similar evidence is obtained in more recent studies that use GARCH measures of inflation uncertainty, as in Grier and Perry (1998), Fountas (2001), Karanasos, Karanassou and Fountas (2004), and Conrad and Karanasos (2005).”